Category: Indian Post Office Savings

The interest rate on popular Public Provident Fund (PPF) and other small savings schemes are set for a downward revision. The interest rate of small savings schemes, including that of PPF, Senior Citizens Savings Scheme and girl child savings schemes…

Recently government of India had launched, the Sukanya Samriddhi Yojana, for a better future of girl child in the country. The scheme has been receiving overwhelming response from the parents across the country. we have already covered the features on…

NSC has been a one of the best investment option for middle class families in India, along with income tax savings it also offers good assured returns. NSCs are most common under salaried persons. Since NSCs are a long term…

Senior Citizens Savings Scheme from Post office of India offers Interest @ 8.5% per annum from the date of deposit on quarterly basis. Interest can be automatically credited to savings account provided both the accounts stand in the same post office.